The California Competes Tax Credit is an income tax credit available to businesses that want to come to California or stay and grow in California. Tax credit agreements are negotiated by GO-Biz and approved by a statutorily created “California Competes Tax Credit Committee,” consisting of the State Treasurer, the Director of the Department of Finance, the Director of GO-Biz, and one appointee each by the Speaker of the Assembly and Senate Committee on Rules.
For fiscal year 2019-2020, GO-Biz will accept applications for the California Competes Tax Credit during the following periods:
- July 29, 2019, through August 19, 2019
- January 6, 2020, through January 27, 2020
- March 9, 2020, through March, 30, 2020
Please refer to the Notice California Competes Tax Credit Fiscal Year 2019-20 for more information.
California Competes Tax Credit Contact Information
For questions or technical assistance, we are available by email or by phone at (916) 322-4051.